Canarys Automations (NSE:CANARYS) Inventory Turnover: 9.85 (As of Sep. 2025)

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NSE:CANARYS Canarys Automations Ltd NSE:CANARYS
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What is Canarys Automations Inventory Turnover?

Canarys Automations NSE:CANARYS -3.20% 20 Inventory Turnover is 9.85 as of Sep. 2025. GuruFocus rates NSE:CANARYS with a GF Score™ of 20/100. The stock has 1 warning sign investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Canarys Automations's Cost of Goods Sold for the six months ended in Sep. 2025 was ₹769 Mil. Canarys Automations's Average Total Inventories for the quarter that ended in Sep. 2025 was ₹78 Mil. Canarys Automations's Inventory Turnover for the quarter that ended in Sep. 2025 was 9.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Canarys Automations's Days Inventory for the six months ended in Sep. 2025 was 18.52.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Canarys Automations's Inventory-to-Revenue for the quarter that ended in Sep. 2025 was 0.08.

Canarys Automations  (NSE:CANARYS) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Canarys Automations's Days Inventory for the six months ended in Sep. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2025 )/Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=78.056/769.221*365 / 2
=18.52

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Canarys Automations's Inventory to Revenue for the quarter that ended in Sep. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2025 ) / Revenue (Q: Sep. 2025 )
=78.056 / 1012.046
=0.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Canarys Automations Inventory Turnover Related Terms

Canarys Automations Inventory Turnover Historical Data

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The historical data trend for Canarys Automations's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Canarys Automations Inventory Turnover Chart

Canarys Automations Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Inventory Turnover
17.51 13.13 11.76 16.73 15.41

Canarys Automations Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25
Inventory Turnover Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 9.85
NSE:CANARYS
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Canarys Automations Ltd NSE:CANARYS
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Canarys Automations Inventory Turnover Calculation

Canarys Automations's Inventory Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Inventory Turnover (A: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2025 ) / ((Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count )
=613.689 / ((17.374 + 62.258) / 2 )
=613.689 / 39.816
=15.41

Canarys Automations's Inventory Turnover for the quarter that ended in Sep. 2025 is calculated as

Inventory Turnover (Q: Sep. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2025 ) / ((Total Inventories (Q: Mar. 2025 ) + Total Inventories (Q: Sep. 2025 )) / count )
=769.221 / ((62.258 + 93.854) / 2 )
=769.221 / 78.056
=9.85

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 9.85 mean?
Canarys Automations (NSE:CANARYS) has a Inventory Turnover of 9.85 as of Sep. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Canarys Automations and its competitors.
Is Canarys Automations' Inventory Turnover too high?
Canarys Automations' current Inventory Turnover is 9.85. Overall, Canarys Automations has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Canarys Automations' Inventory Turnover compare to IBM and ACN?
Canarys Automations' Inventory Turnover of 9.85 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Software company?
A good Inventory Turnover depends on the Software industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Canarys Automations and its competitors. Canarys Automations's current Inventory Turnover is 9.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canarys Automations stock overvalued right now?
Canarys Automations (NSE:CANARYS) has a current Inventory Turnover of 9.85. The current Inventory Turnover is 9.85. Canarys Automations' overall GF Score™ is 20/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Canarys Automations (NSE:CANARYS), the current Inventory Turnover is 9.85 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Canarys Automations Business Description

Address 30th Main, Attimabbe Road, No. 566 & 567, 2nd Floor, Banagirinagara, Banashankari 3rd Stage, Bengaluru, KA, IND, 560085
Canarys Automations Ltd is an IT solutions provider specializing in enabling digital transformation for businesses through its software solutions in the areas of Digitalization, Modernization, Automation, and Intelligence. The company's solutions include Digital Transformation, Digital DevOps, Digital Assurance, Telemetry, Water Resources Management, and Cloud IT, and are delivered across industry sectors such as BFSI, Retail, Healthcare, Pharmaceutical, Manufacturing, and Insurance. it operates through two segments, Technology Solutions and Water Resource Management Solutions, with the majority of its revenue generated from the Technology Solutions segment. The company's revenue is generated from India sales, which contribute the maximum revenue, and international sales.
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